Reserve Bank Governor Raghuram Rajan has joined a task force of the World Economic Forum (WEF) to study the future of global financial system, whose members include bankers and policymakers from across the world.
The 5-day annual jamboree of the world's rich and powerful came to a close in this Alpine resort Saturday, with leaders raising concerns about economic headwinds from China, geo-political risks arising from the refugee crisis in Europe and terror attacks in various parts of the world.
Advocating the need for meaningful "global action" to deal with climate change, honchos of 78 corporates, including from India, Monday said delaying action would damage growth prospects in the years to come.
Geneva-based World Economic Forum (WEF) will host its annual India summit this week in the national capital, which is expected to be attended by top policymakers including Finance Minister Arun Jaitley and several corporate leaders, among others.
Prime Minister Narendra Modi is the 10th most admired personality globally, as per a new survey by the World Economic Forum (WEF) that has ranked late South African President Nelson Mandela on the top.
The illicit economy is a giant, global and growing problem, a World Economic Forum report said and cautioned that the cost to the global economy of counterfeiting alone could reach USD 1.77 trillion in 2015.